Big Lots 2013 Annual Report Download - page 76

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Nonqualified Deferred Compensation
Supplemental Savings Plan
All of our named executive officers, as well as substantially all other full-time employees, are eligible to participate
in the Savings Plan, our “401(k) plan.” The Supplemental Savings Plan is maintained for those executives
participating in the Savings Plan who desire to contribute more than the amount allowable under the Savings
Plan. The Supplemental Savings Plan constitutes a contract to pay deferred compensation and limits deferrals in
accordance with prevailing tax law. The Supplemental Savings Plan is designed to pay the deferred compensation
in the same amount as if contributions had been made to the Savings Plan. We have no obligation to fund the
Supplemental Savings Plan, and all assets and amounts payable under the Supplemental Savings Plan are subject to
the claims of our general creditors.
In order to participate in the Savings and Supplemental Savings Plans, an eligible employee must satisfy applicable
age and service requirements and must make contributions to such plans (“Participant Contributions”). Participant
Contributions are made through authorized payroll deductions to one or more of the several investment funds
available under the Savings and Supplemental Savings Plans and selected at the discretion of the participant.
All Participant Contributions are matched by us (“Registrant Contributions”) at a rate of 100% for the first 2%
of salary contributed and 50% for the next 4% of salary contributed. Additionally, the amount of the Registrant
Contribution is subject to the maximum annual compensation that may be taken into account for benefit calculation
purposes under the IRC ($255,000 for calendar year 2013). Accordingly, the maximum aggregate Registrant
Contribution that could be made to a named executive officer participating in the Savings and Supplemental
Savings Plans was $10,200 for fiscal 2013.
Under the Savings Plan and the Supplemental Savings Plan, 25% of the Registrant Contributions vests annually
beginning on the second anniversary of the employee’s hiring. Under the Savings Plan, a participant who has
terminated employment with us is entitled to all funds in his or her account, except that if termination is for a reason
other than retirement, disability or death, then the participant is entitled to receive only the Participant Contributions
and the vested portion of the Registrant Contributions. Under the Supplemental Savings Plan, a participant who
has terminated employment with us for any reason is entitled to receive the Participant Contributions and only the
vested portion of the Registrant Contributions. Under both plans, all other unvested accrued benefits pertaining to
Registrant Contributions will be forfeited. Upon a change in control of Big Lots, the participant will receive a lump
sum payment of all amounts (vested and unvested) under the Supplemental Savings Plan.
Nonqualified Deferred Compensation Table for Fiscal 2013
The following table reflects the contributions to, earnings in and balance of each named executive officer’s account
held under the Supplemental Savings Plan.
Name
Executive
Contributions
in Last FY
($)(1)
Registrant
Contributions
in Last FY
($)(2)
Aggregate
Earnings
in Last FY
($)(3)
Aggregate
Withdrawals/
Distributions
($)
Aggregate Balance
at Last FYE
($)
(a) (b) (c) (d) (e) (f)
Mr. Campisi 3,462 — (6) — 3,456
Mr. Johnson 55,831 5,875 61,277 — 530,349
Ms. Bachmann 18,577 5,875 35,663 — 306,144
Mr. Cooper 11,908 5,875 1,870 — 586,268
Mr. Rodriguez 785 — (3) — 782
Mr. Fishman — — — — —
Mr. Haubiel 36,485 5,875 210,467 1,477,102 —
Mr. Martin 22,846 5,875 194,188 112,834 1,017,311
(1) The amounts in this column are included in the “Salary” column of the Summary Compensation Table for
fiscal 2013.